NOT LISTED FOR SALE

340 S 500 E Salem, UT 84653

Estimated Value: $557,000 - $656,000

5 Beds
3 Baths
2,992 Sq Ft
$200/Sq Ft Est. Value

About This Home

This home is located at 340 S 500 E, Salem, UT 84653 and is currently estimated at $599,401, approximately $200 per square foot. 340 S 500 E is a home located in Utah County with nearby schools including Salem Elementary, Valley View Middle School, and Salem Junior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2017
Sold by
Hutchings Jared C
Bought by
Hutchings Jared C
Current Estimated Value
$599,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Outstanding Balance
$231,315
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$368,086

Purchase Details

Closed on
Jul 20, 2015
Sold by
Frederick Katherine R and Katherine R Frederick Family T
Bought by
Hutchings Jared C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,783
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1998
Sold by
Frederick Katherine R
Bought by
Frederick Katherine R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hutchings Jared C -- Stewart Title Ins Agcy Of Ut
Hutchings Jared C -- North American Title
Frederick Katherine R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchings Jared C $277,000
Closed Hutchings Jared C $282,783
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,872 $310,915 -- --
2024 $2,872 $291,280 $0 $0
2023 $2,924 $297,110 $0 $0
2022 $2,772 $277,255 $0 $0
2021 $2,260 $362,700 $108,500 $254,200
2020 $2,167 $338,400 $98,600 $239,800
2019 $1,730 $275,900 $94,300 $181,600
2018 $1,617 $246,500 $85,700 $160,800
2017 $1,590 $129,250 $0 $0
2016 $1,482 $119,130 $0 $0
2015 $1,345 $106,150 $0 $0
2014 $147 $104,225 $0 $0
Source: Public Records

Map

Utah Utah County Salem 84653

340 S 500 E, Salem, UT

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes